Casino bonuses are an important tool the casinos use to keep the players satisfied and to make sure they keep coming back to play. They are there to help new players try out a few games without having to put any of their money on the line. It’s important to note that bonuses come in many different forms and that you should be aware of the difference between them. Here’s a quick overview of different bonuses and how you can benefit from each of them.
Deposit Bonus
Best Online casino bonus guide should start with a deposit bonus since it’s the most basic form and one of the most generous. They often come at a sign-up and it’s usually the best bonus you’re going to get as a novice player. Simply put – the casino will match the amount you’ve added to your deposit. There’s usually also a limit as to how much you can deposit at once. There are sometimes wagering requirements that limit how to withdraw the funds added by the casino. That’s because you need to earn a certain amount on your own before you can withdraw the funds awarded to you. Otherwise, the players could simply take the bonus and not play again.
No Deposit Bonuses
No deposit bonuses are also commonly given to new players and they may seem like a better option than deposit ones, but that can be deceiving. That’s the bonus that the casino will place on your account without requiring you to add any funds of your own. It may seem like free money. However, the difference comes in how difficult it is to withdraw this bonus. It has a much higher wagering requirement than the deposit bonus and in some cases, you can’t withdraw it at all.
Free Spins
Free spins are a common bonus since they sound appealing and achieve the same purpose as a no deposit bonus. The casino will reward new players with a certain number of free spins and allow the players to keep the funds that they earn from them. The casino will assign a value to this free spin and create a wagering requirement based on them. The principle works the same way it always does. You need to earn a certain amount from a bonus before you can withdraw the funds made from it.
Referral Bonuses
Referral bonuses are awarded to players that bring in new players. They usually come in the form of a promotion code that some players can reward others. The player that brings in new clients gets rewarded each time the code they were assigned to is used to sign up. For the most part, these are awarded as a fixed amount for every new player that you bring in. These rewards are sometimes connected with wagering requirements and in other cases, you can simply take your money as new players join in based on your recommendation.
Loyalty Bonuses
Another common type of bonus is one that’s rewarded to loyal players. From the standpoint of the casino, those are the players that keep logging into the casino and using it. In some cases, the bonuses are awarded based on having a continuous chain of loggings. In others, it is rewarded only to those who keep spending at the casino. As is the case with other bonuses, some casinos won’t allow you to simply withdraw them and they’ll attach wagering requirements to them. These are usually less strict than other bonuses since they are a reward.
Strings Attached to Bonuses
There are almost always strings attached to bonuses and the players should be aware of them. The casinos are obliged to let you know what are your obligations regarding bonuses and you should take the time to learn about them. In most cases, these are about how much you need to earn before you can withdraw them. There are others as well. For instance, some bonuses are time-sensitive and they will expire if you don’t use them within a certain amount of time. These are made to keep the players active and to get them to keep playing.
Compare Bonuses
To an inexperienced player, a bonus may seem to be generous based on the amount and how often it’s paid to you. However, this often isn’t the case when compared to how other casinos handle bonuses. Taking the time to learn about what’s the standard for the industry and what you can expect is therefore an essential part of preparing for using a casino. There are online resources out there that allow you to compare and contrast different bonuses and the wagering requirements attached to them. This will give you a better idea of which casinos are worth your time and which aren’t.
When to Give Up on A Bonus
Many new players don’t like the idea of giving up on a bonus and not using the free deposits awarded to them. This is understandable and you should use the bonus every time you can. Keep in mind that there are instances when it’s better not to use the bonus. It’s best to give up on a bonus when the wagering requirements for it are way too high and you need to earn too much money in order to be able to withdraw and use the bonus in the first place. Keep in mind that you should put this decision in the context of rules in other casinos.
